Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.88

+0.9%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: long-gone who wrote (59296)	10/3/2000 3:00:59 PM
From: Ahda	Read Replies (2) of 116762

ahhaha Tuesday, Oct 3, 2000 1:48 PM ET Reply # of 137 If the FED would like to get the Euro up, they will have to ease monetary policy a bit. The investment community bias is that this has too much inflationary potential and that reflects the current view of the Board. Problem is that the Euro is about to plunge again. Open market dollar sales by CBs is only exacerbating this fall by propping up a false reality while the water runs out from underneath. The purpose of electing to force rates down will be to encourage the European CBs to do the same. This solves no problem but it does buy time where intervention won't. The idea would be that FED leads by lowering and the Europeans follow the lead by doing the same on a staggered basis. The FED will say that this easing is for purposes of staying an acceleration in the fall of domestic demand. I took the liberty of changing the format of this as much is said in each sentence and should be viewed for all that is written.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next